Nigeria’s naira retreated for the first time in five days as as demand for dollars increased before the central bank’s first foreign-exchange auction of the week. The currency of Africa’s biggest oil producer depreciated 0.1 percent to 157.60 per dollar as of 12:36 p.m. in Lagos, the commercial capital, its […]
Author: InvestAdvocate
Margaret Thatcher dies: The ‘Iron Lady’ who transformed the nation
Britain’s first and only female Prime Minister has died Margaret Thatcher was the woman who, virtually single-handed and in the space of one tumultuous decade, transformed a nation. In the view of her many admirers, she thrust a strike-infested half-pace Britain back among the front-runners in the commanding […]
Budget: Stakeholders agonise as SEC, lawmakers’ crisis deepens
The refusal of the National Assembly to approve the budget of the Securities and Exchange Commission has generated heat in the last few months. UDEME EKWERE examines the impasse, which is affecting capital market operations. The ongoing face-off between the National Assembly and the management of the Securities and Exchange […]